It was a big correction because Bitcoin value did increase without falling for so many days. But there is still a chance that the bull run is not dead. It could be a trap if it falls more. I hope the hype is still not dead.
Bull run can not be dead, because it has not even started, and what we have seen in recent days, it is warming up and checking forces, cryptocurrency slowly begins to come to life
We thought for awhile it has already started since BTC has crossed $4K and tried to break the resistance, but the bear is still strong so we're back to were we started again. Another try will follow and at least for just short period of time we were able to witness how the community would react on the price increase, I'm definitely sure there are a lot of buyers compared to the dumpers as whales are just small in number but sadly they have the biggest holdings.